Business

Trump Urges Boeing to Default on China Over Unfulfilled Aircraft Orders Amid Trade Tensions

Trump's Bold Statement on Boeing and China

United States President Donald Trump made a striking comment on Thursday, suggesting that Boeing should "default China" due to the latter's failure to purchase the "beautifully finished planes" as previously agreed.

Trade Tensions Escalate

Trump's remarks highlight the ongoing trade disputes between the U.S. and China, with the President also pointing to the Fentanyl crisis as a critical issue. "This is just a small example of what China has done to the USA, for years... And, by the way, Fentanyl continues to pour into our Country from China, through Mexico and Canada, killing hundreds of thousands of our people, and it better stop, NOW!" he expressed on X.

Boeing's Response to the Situation

In light of the trade war, China has decided to return the aircraft ordered from Boeing. Boeing CEO Kelly Ortberg revealed to CNBC that approximately 50 planes intended for Beijing may no longer be delivered, marking a significant setback in U.S.-China trade relations.